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Federal Home Loan Bank of Atlanta Releases First Impact Report

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Report highlights company’s commitment to affordable housing, community involvement, and workplace culture and diversity

ATLANTA, May 13, 2024 – Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has issued the company’s inaugural Impact Report, highlighting the Bank’s 2023 initiatives supporting affordable housing and community development, corporate giving, and workplace culture.

“The roots of FHLBank Atlanta run deep and our role has expanded since we were established more than 90 years ago,” said FHLBank Atlanta President and CEO Kirk Malmberg. “Today, we partner with nearly 800 member institutions, offering programs to address housing needs and advance small business lending and community development. We also provide liquidity to our members, which in turn, supports community, housing, and business needs.”

Highlights of FHLBank Atlanta’s 2023 Impact Report include:

  • $296 million disbursed by FHLBank Atlanta members in total mortgage financing in connection with the Bank’s Affordable Housing Program (AHP), assisting nearly 1,400 households
  • $20 million contributed to 28 affordable housing projects through the Bank’s AHP General Fund
  • $17.9 million disbursed to help low-to-moderate-income individuals and families purchase or rehabilitate homes through the Bank’s AHP Set-aside Program
  • Seven total Employee Resource Groups promoting diversity, equity, and inclusion at FHLBank Atlanta
  • Three days of time off given for each FHLBank employee to volunteer with organizations of their choice

Malmberg added, “This Impact Report reflects the hard work and passion of our employees, who show incredible dedication to our purpose and to creating a vibrant workplace and community.”

The full report is available on the FHLBank Atlanta website.

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